UPDATE 1: Ratings agency acts after gov't announcement on Dubai World, Nakheel debts.

Senior research exec says UAE has seen worst of impact of global crisis on jobs.

In celebration of Eid Al Ahda and National Day, all parking fees will be waived in UAE capital.

Credit default swaps jump on Thursday after gov't seeks standstill deal on debts.

e-Vision CEO says new service will initially cover five channels, to be extended to 50 in 2010.

Dubai airline agrees to demand from German gov't 'under protest' amid threat of fines.

New report says downturn has posed key challenges but firms are responding.

Dubai hospitality giant to manage 400-room property, part of major new project.

Insurer plans to double size of investigating team after recovering $1.6m in false claims.

Soul Ba'alawy also steps down from NASDAQ OMX Group board to focus on leading Dubai Group.

UPDATE 1: Another 900 rescued from rising waters caused by heaviest rain in years.

TECOM unit still committed to building mega project amid Kerala gov't concerns.